$1,750,000
Updated 6 years ago
Off Market

438 Putnam Ave

Bedford Stuyvesant, Brooklyn | Tompkins Ave & Throop Ave

16 Rooms7 Beds3.5 Baths3,431 Square FeetMulti-Family

$1,750,000
floors / apts3 / 3
Lot Size18'x100'
Built Size18'x47'
ZoneR6A
Building TypeHouse
RE Taxes$4,044
Price Per SF
$510

Outdoor space and views

  • Backyard

Property Description for 438 Putnam Ave

Legal 3-Family 4 story BedStuy Brownstone with Details! Introducing 438 Putnam Avenue, perfect for the consummate end-user or investor. Built in 1915 by famed architects, the Parfitt Brothers, this massive four story legal 3-family home is 18.25 ft wide by 47 ft deep and boasts approximately 3,432 square feet of living space. The 19th Century period details this home offers include crown molding, forced air heating vents, inlaid parquet floor, hardwood flooring, skylight, deco fireplaces, pocket doors, double door built in cabinets and so much more. This home is a true treasure waiting for the right buyer to restore it to its former glory while utilizing it as a pure investment property or convert to condos as there is over 2000 sq ft of build-able available. With a total of 6 beds and 3.5 full baths, this home can generate a very healthy rental income from the 2 upper rentals (both 2 bedrooms each) while living in the lower triplex level with a private garden level backyard space. Situated on a serene block and lush tree lined block in bustling Bed-Stuy, you are within a short walk of the hottest/trendy hotspots Brooklyn has to offer right on your corner. Nearest to the A (express) at Nostrand Ave. and C (local) trains at Kingston Ave. You are but a short journey to Barclay's Center (15 min.), Lower Manhattan (20 min.) and Midtown Manhattan (30 min.) Easily delivered vacant.

Listing History for 438 Putnam Ave

Now
03/25/2020
Expired by Erik Gonsalves
Compass
02/10/2020
Price Increase by Erik Gonsalves
Compass

Building Details for 438 Putnam Ave

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1915
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.35 miles
Nostrand Av
0.46 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.49 miles

Citi Bike

Monroe St & Tompkins Ave
0.12 miles
Putnam Ave & Throop Ave
0.14 miles

Contact Agents

Contact Agents

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 77275TH